Subject:
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Re: LEGO reports improved financial results
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Newsgroups:
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lugnet.lego
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Date:
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Thu, 7 Apr 2005 14:22:33 GMT
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Viewed:
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5594 times
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In lugnet.lego, Arne Lykke Nielsen wrote:
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In lugnet.general, Allan Bedford wrote:
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LEGO has released their annual report for 2004 and it looks like there is
some good news!
http://www.lego.com/eng/info/default.asp?page=pressdetail&contentid=14426&countrycode=2057&yearcode=&archive=false
It came into my Inbox via Google alerts, with this link:
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=newsview&newsId=20050406005253&newsLang=en
Keep up the great work!
Best regards,
Allan B.
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It was in all the Danish news yesterday - but not as a positive story, but as
a very negative story with the headlights: LEGO struggling for survival, LEGO
will close down factories in Denmark, Switzerland and USA and move production
to China, and in Billund eventually (by 2007) 1500 people will have lost their
jobs - and in a town with 7000 inhabitants, this would be very noticeable.
Quote Knudstorp in TV-interview: “No areas are protected from downsizing”
Arne, Copenhagen
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The BBC is not exactly positive either.
http://news.bbc.co.uk/1/hi/business/4417585.stm
I guess it depends on what the percieved improvement is rather than the current
status. I guess one thing LEGO really suffer for is that they can’t shift their
manufacture around much like other companies. They really are tied to the
machines and skills.
Tim
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Message is in Reply To:
 | | Re: LEGO reports improved financial results
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| (...) It was in all the Danish news yesterday - but not as a positive story, but as a very negative story with the headlights: LEGO struggling for survival, LEGO will close down factories in Denmark, Switzerland and USA and move production to China, (...) (20 years ago, 7-Apr-05, to lugnet.lego)
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